Source: Economics Group of Wells Fargo Bank, N.A.Summary
Overall industrial production finished 2025 up 2.0% for the year with select high-tech components up more than 10%. Big gains in the tech-sector paper-over smaller increases and outright decline in other areas.Hitting the Home Stretch in Stride
Industrial production made a sprint to the finish in 2025 with a better-than-expected December (+0.4%) coming on the heels of an upwardly revised November (also +0.4%). Overall output broke through the tape with a combined two-month gain that is about as strong as we saw all year.